808 Rainbow Rd, Salt Spring

About this property

First time on market in over 50 years, this rare 10-acre waterfront-access property offers an exceptional opportunity to create a legacy estate on Salt Spring Island. Beautifully untouched and richly forested, the property enjoys access to Booth Canal—perfect for kayaking serene waterways out to the ocean. Level and sun-dappled with multiple prime building sites for a dream residence and guest cottage, plus subdivision potential. Established plum and apple trees, along with a former vineyard site, add to the idyllic island charm. Cherished by three generations as a private retreat, this property captures timeless Salt Spring living. Included is an adorable approx. 600 sq. ft. cabin with power, water, covered porch, and woodstove. Surface spring well with 600-gallon reservoir and septic system already in place. Peaceful, private, minutes to town, and offered under assessed value—an extraordinary island opportunity.